US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Oil prices drop after industry data shows big rise in U.S. crude inventories
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...
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PSX maintains upward trend in early trading
The Pakistan Stock Exchange (PSX) opened on a positive note Wednesday, building on the momentum from Tuesday’s impressive 1,600+ point surge. At the start of trading, the benchmark KSE-100 index ...
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US Inflation Rises More Than Expected in January, Weighing on US Equity Futures
US equity futures turned lower ahead of Wednesday's opening bell as traders digested key inflation data. The Dow Jones Industrial Average futures fell 1%, S&P 500 futures dropped 1.1%, and Nasdaq ...